Many liquid funds have introduced a feature that allows for instant redemption of proceeds. Fund houses such as Aditya Birla Sun Life, Axis, ICICI Prudential, Nippon India, and PGIM have been offering this facility. Sundaram AMC has recently started offering this facility for the Sundaram Money Fund. Liquid funds help you to earn some returns on the money that you can invest for a very short term, typically 7-15 days.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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